Toll Brothers and Sunrun Forge National Partnership for Solar Energy Solutions
Toll Brothers Partners with Sunrun for Solar Energy
Toll Brothers, Inc. (NYSE: TOL), a premier luxury home builder, has recently established a national partnership with Sunrun, America's leading provider of solar energy solutions. This collaboration marks an important step in providing sustainable energy options to homebuyers, ensuring they benefit from advanced solar technology as a standard feature in their residences.
Innovative Solar Solutions for Toll Brothers Communities
The partnership allows Sunrun to offer solar power and battery storage systems as part of all new Toll Brothers homes in California. This exclusive agreement also extends to provide solar energy solutions in additional Toll Brothers divisions across the country, making it easier for consumers to opt for eco-friendly energy sources.
A Comprehensive Solar Experience
Sunrun aims to create a seamless experience for homebuyers by managing all aspects of solar energy integration, including sales, design, installation, and customer support. Buyers will also have the flexibility to choose a battery storage system from notable brands like EnPhase or Tesla, which can enhance their solar energy systems.
Commitment to Sustainable Living
During the announcement, Seth Ring, Executive Vice President of Toll Brothers, expressed enthusiasm about the new venture. "We're thrilled to announce Sunrun as our partner, offering our customers cutting-edge, sustainable energy options for their homes," he stated. The initiative reflects Toll Brothers' longstanding commitment to incorporating solar solutions into their communities, emphasizing both innovation and environmental responsibility.
Expanding Solar Access
The agreement sets a precedent for Sunrun's solar products to be available to Toll Brothers customers in more locations. In markets where leasing and Power Purchase Agreements are permissible, homeowners can adopt solar solutions without upfront costs. This flexibility is vital in promoting solar energy usage among new homebuyers.
Existing Solar Presence and Future Expansions
Toll Brothers already incorporates solar power features in various other states, including Massachusetts, Arizona, and Nevada. With the new collaboration with Sunrun, there is potential for enhanced marketing and implementations of solar energy technologies across the nation.
Since its inception in 2007, Sunrun has made a significant impact in the solar industry by installing solar energy solutions in over a million homes, thus reinforcing its reputation as a trusted provider for residential solar energy.
About Toll Brothers
Toll Brothers, a Fortune 500 company, is recognized as the leading builder of luxury homes in the United States. Established in 1967 and publicly traded since 1986, Toll Brothers caters to a diverse clientele, including first-time buyers, retiring professionals, and urban residents. The company has expanded its reach by operating in over 60 markets across various states.
In recent years, Toll Brothers has consistently been recognized in industry rankings and awarded accolades such as Builder of the Year by Builder magazine. Their continuous commitment to exceptional customer service and innovative home designs has solidified their status in the luxury real estate market.
Frequently Asked Questions
What is the purpose of the partnership between Toll Brothers and Sunrun?
The partnership aims to provide residential solar power and battery storage solutions as standard features in Toll Brothers homes, promoting sustainable energy.
Will all Toll Brothers homes come equipped with solar systems?
Yes, all Toll Brothers homes in California will include solar systems as part of the feature, with potential expansions to other regions.
What options are available for solar battery storage systems?
Homebuyers can choose from various battery storage options, including systems from EnPhase and Tesla Powerwall 3.
How long has Toll Brothers been in the luxury homebuilding industry?
Toll Brothers has been a leader in the luxury homebuilding industry for over 57 years, founded in 1967.
What other states currently offer solar power options from Toll Brothers?
Besides California, Toll Brothers offers solar energy solutions in states like Massachusetts, Nevada, and Arizona, with plans to expand further.
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